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Chapter 7 Archives

Wage garnishment, medical debt may make bankruptcy worthwhile

Many individuals who consider their financial situations are often less than pleased with their current affairs. For some parties, budgeting or making other spending adjustments can help address certain financial areas that they feel need more attention. However, many other Louisiana residents may be consumed by substantial debt that has them considering bankruptcy.

Tax refunds may help Louisiana residents file Chapter 7

Struggling financially is no easy burden to bear. However, it is an issue that affects numerous individuals in Louisiana and across the country. As a result, when this time of year rolls around and parties begin awaiting their tax refunds, they may not have plans of dream vacations in mind. In fact, some individuals may be waiting to use their refunds to begin Chapter 7 bankruptcy.

Chapter 7 bankruptcy can clear out credit card debt

Credit card debt is a serious problem for many Louisiana residents and for others across the country. A number of consumers have amassed such a significant amount of debt from regular credit card use that they may worry about ever being able to pay off the account balances. While there may be multiple solutions to dealing with this issue, one possible option may be to file Chapter 7 bankruptcy.

Chapter 7 bankruptcy could help those with medical debts

Debt has become a severe problem not only for many Louisiana residents but for numerous people across the country. Credit card debt in particular has been shown to be common, whether due to simply overspending one's budget or having to cope with extensive medical expenses. There may be several options to help eliminate these debts, one of which is filing for Chapter 7 bankruptcy.

TechShop files for Chapter 7 bankruptcy

Many different factors can contribute to a company's decline in profits and accumulation of debts. When Louisiana owners find their businesses suffering from overwhelming debt, tough financial decisions must be made. Open-access workshop company TechShop recently made the choice to file for Chapter 7 bankruptcy.

Bankruptcy may solve debt problems for many

Debt can be a tremendous burden for many individuals in Louisiana and across the country. Whether resulting from overspending with credit cards or unexpected medical expenses, debt can have a significant impact on a person's life. Those fighting this battle may have many different options available to them, from stricter budgeting to bankruptcy.

Bankruptcy may help individuals overcome crushing debt

As Louisiana residents graduate college and begin living on their own, they often soon find their expenses piling up. Between paying rent, utility bills and other living expenses, young adults may quickly find themselves in debt. Some may be able to handle the debt on their own, but others may choose to file for bankruptcy.

Alfred Angelo Bridal files for Chapter 7 bankruptcy

Louisiana business owners who find their companies struggling financially may have several options to help deal with debt. When facing severe financial trouble, many owners turn to one of the various forms of bankruptcy for assistance. Popular wedding dress retailer Alfred Angelo Bridal recently made the decision to file for Chapter 7.

Would proposed health care bill lead to increase in bankruptcy?

Most Louisiana residents are aware that medical debt is a serious issue that can cause a great deal of stress. For some, financial disaster is just one unexpected illness or injury away. What many people fail to recognize, however, is how quickly financial ruin could come even without a serious medical event. If an individual were to lose his or her health coverage, expenses could quickly skyrocket, and personal bankruptcy could be the only remaining viable option.

Chapter 7 bankruptcy could help those in severe credit card debt

Credit card debt has become a serious problem for many Louisiana residents. While some people are able to deal with it through stricter budgets, others must tackle their financial obligations in other ways. Chapter 7 bankruptcy could be a solution for some individuals who are facing overwhelming financial problems.


Richoux Law Firm, L.L.C.
110 E. Kaliste Saloom Road
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Lafayette, LA 70508

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